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Posted by Brian Whiting on September 19, 2007, 8:03 am
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> BW wrote:
> I created the Ameritrade account and added the
>> existing shares of stock as if they were straight acquisitions
>> (shares added)
>
> A bit more elaboration is necessary: did you do one Add Shares for each
> "lot" held in the Waterhouse account? Or one Add Shares for each security
> held in the Waterhouse account.
I think the latter since each "lot" for the new account share adds has a
much later date than the original purchase lots and there is only one lot
per security in the new account. I forgot to add that I am using Q2006
Basic.
>> My Quicken account shows about twice as many shares of
>> stock because of this;
> Your Quicken "account" ... or your Quicken "file". There are two Quicken
> "accounts" involved, are there not?
I meant the Quicken file.
> If you neglected to "remove" shares from the old Waterhouse Quicken
> account, then you should expect to see "about twice as many shares" of
> your securities.
>> at least I think it does, when I do a security report
>
> What is a "security report"?
Right click on the security in portfolio view then click "securty report".
>> My idea is to delete the transactions I used to put the original stock
>> amounts in the Ameritrade account, then do a transfer all shares
>> transaction to move the shares from the Waterhouse account as of the date
>> they actually transferred.
>>
>> Will this work?
>
> A Quicken "Shares transferred between accounts" transaction is really a
> pseudo-transaction; it creates one "Add Shares" transaction in the TO
> account for each lot held in the FROM account, and one "Remove Shares"
> transaction for each security held in the FROM account (and transferred to
> the TO account: all securities, in your situation).
>
> If you had used the "Shares transferred between accounts" originally (and
> assuming it was used in a Quicken version that did not have any bugs
> associated with that transaction), that would have been one of two ways to
> accomplish your goal (the other way would have been to simply change the
> name of the Quicken account).
>
>> Will it screw up my share numbers?
>
> Since it is now a bit late to just change the name of the Waterhouse
> account to Ameritrade, I'd say the Shares transferred between accounts is
> just about the only way to get where you want to go.
>
> However, if your original "Add Shares" transactions were done on a per-lot
> basis, you have already done the bulk of the work of a "Shares transferred
> ...." transaction; all you'd have left to do was to enter one "Remove
> Shares" transaction into the Waterhouse account for each security held
> there.
>
> If your Add Shares transactions were one-per-security, then I suspect that
> deleting them, then doing the "Shares transferred ..." is the best way.
>
>> The fact that
>> the share numbers won't show up in the security report is kind of
>> unsettling. I tried to customize the report to show the share
>> totals, but I can't find any customization that would turn on
>> summarization for any particular column that is already visible.
> A report that should always report share totals is the Portfolio Value
> report, which you can subtotal by account or security (where "security" is
> the default, described as "Don't subtotal").
Thanks! It worked perfectly.
I think I'll have to go the delete shares then transfer from the old account
route.
>
>
> --
> John Pollard
> First initial underscore Last name at mchsi dot com
> Please reply to newsgroup
>
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